987 St, Las Croabas - Image 1
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987 St, Las Croabas

Fajardo, PR 00738

$1,000,000
Findit ID: 64174
Published 1 day ago
House for sale
7 bedrooms
5 bathrooms
3,700 ft2
Directions on Google Maps

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Description

Opportunity to acquire a unique income-producing property in the highly sought-after coastal community of Las Croabas, Fajardo. Conveniently located along PR-987, one of the main access roads to the area's beaches, marinas, restaurants, and world-renowned attractions, this exceptional property offers versatility, privacy, multiple revenue streams, and approximately 2.3 acres of mostly level land. The primary residence offers approximately 3,200 square feet of living area and features 4 bedrooms, 3 full bathrooms, 1 half bathroom, high ceilings, elegant red marble flooring, spacious living and dining areas, kitchen, foyer, library/home office, laundry area, storage room, terrace, garage, and a two-car carport. The generous floor plan provides comfortable living spaces for both everyday living and entertaining. Adding significant value to the property is a separately fenced guest house of approximately 500 square feet with its own private entrance, allowing complete independence from the main residence. The guest house features 3 bedrooms, 1 bathroom, living room, dining area, kitchen, outdoor space with fruit trees, and is currently utilized as an income-producing rental. The independent access and private setting make it ideal for short-term rentals, guests, extended family, or additional long-term rental income. The property currently benefits from multiple income sources. In addition to the guest house rental, a portion of the land is utilized for boat storage, capitalizing on the area's strong boating culture and year-round marine activity. Its strategic location near marinas, charter operations, fishing excursions, snorkeling tours, and island-hopping trips further enhances its commercial and investment appeal. Las Croabas is recognized as one of Eastern Puerto Rico's premier tourism destinations, offering close proximity to Seven Seas Beach, Las Cabezas de San Juan Nature Reserve, the Bioluminescent Bay, El Conquistador Resort, marinas, waterfront restaurants, and ferry and boating access to nearby islands and cays. The area continues to benefit from ongoing public and private investment in tourism, recreational facilities, and marine infrastructure. The approximately 2.3 acres of level land provide exceptional flexibility and future potential, subject to permitting and applicable regulations. Properties offering this combination of acreage, accessibility, multiple structures, income-producing potential, and proximity to Puerto Rico's most desirable coastal attractions are seldom available. Whether used as a primary residence, vacation compound, investment property, or mixed-use opportunity, this property presents a unique combination of location, space, privacy, and income potential in one of Fajardo's most desirable communities.

Details to consider

Property information

  • Year built: --
  • Property type: House
  • HOA: --
  • Property Tax: --
  • Coordinates: 18.36828, -65.62668

Interior

  • Rooms: 7
  • Air Conditioning: --
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Parking spaces: --
  • Parking type: Garage
  • Flooring: --

Exterior

  • Exterior area: 873.288 m2

Additional information

Listed by
Vilma Santos
Vilma Santos
JV REALTY

Source information

MLS: My State MLSMLS ID: 11994481
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Last update:
Source

Copyright, My State MLS. The information is considered reliable but not guaranteed. The information provided is exclusively for personal and non-commercial use by consumers. It may only be used for the purpose of identifying potential properties that consumers may be interested in purchasing or renting.

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